b) Comparative inventory cost = 25% per year of average inventory price.

c) Determine the optimum purchase policy under discount.

Q3. Explain JIT. Do you think it is practically feasible in India? What is your suggestion for implementing JIT?

Q4. Operations personnel usually have a large volume and variety of resources at their command. They should endeavour to make effective and efficient use of these resources to achieve the largest outputs. Comment! What are the approaches for enhancing the utilization of resources?

Human Resource Management

Q1. “The field of HRM changes so rapidly that had become necessary for one to constantly review procedures and laws to that the practices will be effective and legal”. Critically evaluate this statement.

Q2. “Majority of the testing techniques for selection do not accurately assess the characteristics of the job. In fact most of the executives would divulge that the testing had no impact on future job performance. Do you accept or not? Discuss with justification.

Q3. “Identify the paramount barriers to effective training programme in IT field and how to crush them”. Explain with real life examples.

Q4. Technological advancements and automation are causing high stress and burn out among employees, which results negatively and unable to reap the benefit of automation”. Do you agree or disagree? State your view.

Statistics for Managers

Q1. A random sample of 1000 workers from south India show that their mean wages are Rs. 47 per week with a standard deviation of Rs. 28. A random sample of 1500 workers from North India gives a mean wage of Rs. 49 per week with a standard deviation of Rs. 40. Is there any significant difference between their mean levels of wages?

Q2. Calculate seasonal indices for the data given below by the link relative method

Quarter

Years

2007

2008

2009

2010

2011

I

45

48

49

52

60

II

54

56

63

65

70

III

72

63

70

75

84

IV

60

56

65

72

66

Q3. The following is the summary of a survey on the color of pens purchased by persons belonging to different age groups. use chi-square test at 5 % level of significance to find whether the age of the person has any association with the choice of color.

Color

Age

Group

Blue

Black

Red

Less than 20

8

12

20

20-50

10

15

10

Above 50

10

10

5

Q4. The following data represents rainfall (x) and yield of paddy per hectare (y) in a

particular area.

x

113

102

95

120

140

130

125

y

1.8

1.5

1.3

1.9

1.1

2.0

1.7

a) Fit the regression equation x on y

b) Estimate y when x = 145

c) Calculate karl pearson’s coefficient of correlation.

d) Calculate regression coefficient x on y and y on

MANAGERIAL COMMUNICATION

Q1. Communication has its own merits and demerits based on the types? Discuss the above with an example of your own.

Q2. It is difficult to study the growth of a firm without proper recordings of the proceedings – Discuss the essentials of maintaining such activities in detail.

Q3. Success of an individual is based on the way he communicates with the people around him – Discuss the above statement in relation with a HR Department.

Q4. Noise is from both external and internal sources, what are they and how it can be overcome – Discuss in detail.